Thursday, March 18, 2021
lena platform

How an Offshore Oil Rig Becomes an Artificial Reef

By Eric Roston (Bloomberg) — Fifty miles southeast of Grand Isle, La., sits the Lena, which used to be an oil rig owned by ExxonMobil. After the site stopped producing oil,...

March 18, 2021
Total Views: 5329

Friday, September 18, 2020
offshore helicopter s-92
Maritime News

U.S. Seeks Stricter Funding Rules for Abandoned Offshore Oil Wells

By David Wethe and Jennifer A. Dlouhy (Bloomberg) –The U.S. is looking to tighten requirements on bonds issued by a growing number of bankrupt oil producers to deal with abandoned...

September 18, 2020
Total Views: 17

Thursday, May 23, 2019
Heerema Marine Contractors' Sleipnir, the world's largest semi-submersible crane vessel, sits in the Sembcorp Marine shipyard in Singapore
Maritime News

Heerema Unveils World’s Largest Offshore Crane Vessel in Singapore

SINGAPORE, May 23 (Reuters) – Dutch firm Heerema Marine Contractors and Singapore’s Sembcorp Marine, on Thursday, showed off the world’s largest crane vessel that can be used for the setup...

May 23, 2019
Total Views: 432

Monday, July 2, 2018
maersk supply service vessel
Maritime News

Maersk Unveils Maersk Decom, Its New Oil Rig Decommissioning Unit

A.P. Moller – Maersk’s new oil rig decommissioning unit had its name unveiled last week along with confirmation that its senior management team is now in place. The new company,...

July 2, 2018
Total Views: 26

Tuesday, May 1, 2018
offshore platforms
Maritime News

New Oil and Gas Decommissioning Consortium Launched

Lloyd’s Register (LR), WorleyParsons, and Ardent have teamed up to launch a new consortium targeting the global oil and gas decommissioning market. The consortium includes leading experts that will cover...

May 1, 2018
Total Views: 2

Thursday, April 12, 2018
maersk supply service vessel
Maritime News

Maersk Units Form New Offshore Decommissioning Company

Maersk Drilling and Maersk Supply Service have announced a joint venture that will provide decommissioning services to offshore oil and gas operators. The 50-50 joint venture will initially offer bundled...

April 12, 2018
Total Views: 15

Monday, April 17, 2017
crane vessel Thialf
Maritime News

Heerema Wins Major Offshore Decommissioning Project in North Sea

Netherlands-based Heerema Marine Contractors (HMC) says it has received notice from ConocoPhillips about its intention to enter into a contract for a major offshore decommissioning project in the North Sea. Under...

April 17, 2017
Total Views: 62

Monday, November 14, 2016
Allseas Pioneering Spirit Approaches Platform For First Oil Rig Decommissioning Job
Maritime News

Oil Majors Seeking Norway Exit Warned Shutdown Costs May Remain

By Mikael Holter (Bloomberg) — As oil majors are considering exiting Norway, the government is warning them that they could still be on the hook for billion of dollars in...

November 14, 2016
Total Views: 2

Wednesday, August 24, 2016
Allseas Pioneering Spirit First Oil Rig Decommissioning Job

Rigs to Reefs: Is it better to leave unused oil platforms where they stand?

By Susan Gourvenec and Erika Techera, University of Western Australia (The Conversation) – The global offshore oil and gas industry has installed a wide variety of infrastructure throughout our oceans, including...

August 24, 2016
Total Views: 37

Thursday, July 28, 2016
Maritime News

Damen Unveils Platform Decommissioning Concept

With the seemingly indefinite slump in the North Sea oil and gas industry, it’s no surprise to see a number of companies grappling with the down market looking elsewhere to...

July 28, 2016
Total Views: 8

Monday, February 2, 2015
brent delta platform

Shell Plans to Start Decommissiong North Sea Brent Delta Platform

Oil company Shell intends to start a 10-year process to dismantle and remove one of Britain's oldest and biggest oil platforms, Brent Delta, the company said on Tuesday.

February 2, 2015
Total Views: 13

Friday, September 12, 2014

Scotland Vote Could Trigger Dispute Over Old North Sea Oil Rigs

There are about 300 rigs in the UK North Sea and the cost of decommissioning is expected to exceed 40 billion pounds ($65 billion) until 2040, with expenditure peaking at 1.7 billion pounds as early as 2016, according to industry estimates.

September 12, 2014
Total Views: 1